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The operations
are fully automated, both at the back office and front office which results in quick and efficient service to the customers. The actual payment gateway
and data processing is handled by the State-Of-The-Art IBM AS/400 Model 520i series
server.
Wall Street Exchange Center has continued to re-engineer process in line with its
IT vision. This has enabled the company to build an edge over its competitors in
the region.
Wall Street has developed and launched a new generation remittance service for the global expatriate community and travelers. The product named “Instant Cash Global
Money Transfer”, envisages instant payment of cash from point to point,
using the internet as a medium of inexpensive data transfer over a secured and encrypted
payment gateway. It rides on state-of-art electronic money transfer system and has
been developed for instantaneous remittances across the globe. It provides reliable
and speedy remittance service for the customer.
“Instant Cash Global Money Transfer”, is having correspondent banking
relationship with the best banks in all major countries, and is in the prime position
to remit in all major countries. Correspondent banks include Deutche Bank, Bank
of Baroda, Bank of Alexandria, Housing Bank for Trade & Finance and Banque Commercial
de Morocco, major banks in the Asian sub continent and Far East has a wider coverage
with banking arrangements with major banks in these countries.
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